Brokerage Product Owner

Northern Trust•Tempe, AZ

13d•Onsite

About The Position

Join Northern Trust’s Brokerage Product Team as a Product Owner for a global portfolio of Brokerage products and applications. The role delivers product enhancements, regulatory change, and operational improvements. Based in Tempe, the Product Owner works closely with colleagues in Chicago and the global team. The position shapes product strategy, roadmaps, and priorities with Product Management, business, and technology teams, and develops business cases, cost-benefit analyses, and funding requests. It owns initiatives end to end, maintains the product catalogue and backlog, and coordinates requirements, testing, implementation, user acceptance testing, approvals, demonstrations, and post-launch support. The Product Owner also acts as or supports Application Owner for assigned applications; coordinates governance, access, control, resilience, and audit activities; prepares product risk assessments; supports procurement and vendor governance; documents data governance information; and partners with operations, compliance, and regulatory reporting teams on regulatory changes and controls. The role builds relationships across business and control functions, facilitates workshops and governance reviews, and provides clear updates and recommendations to senior stakeholders.

Requirements

Experience in Product Management or Ownership, Business Analysis, Application Support, Change Management, Operations, or Technology Delivery, and a keen interest in growing in a Product role.
Strong analytical and problem-solving skills, with the ability to structure requirements and support technology-enabled solutions.
Strong communication and stakeholder management skills at all levels.
Ability to manage multiple priorities across locations and time zones.
Must be authorized to work in the U.S. without current or future employment-based visa sponsorship.

Nice To Haves

Brokerage, Capital Markets, Asset Management, or Investment Banking experience, including trading, operations, onboarding, or regulatory reporting workflows.
Experience with application ownership, product risk assessments, procurement, vendor management, or data governance.
Agile experience with Azure DevOps or JIRA.
Exposure to Power BI, Snowflake, or SQL.
Relevant Product, Agile, Business Analysis, or Change certifications.

Responsibilities

Shape product strategy, roadmaps, and priorities with Product Management, business, and technology teams.
Develop business cases, cost-benefit analyses, and funding requests that balance strategic, regulatory, and risk priorities.
Own initiatives end to end, from requirements through testing, implementation, and post-go-live support.
Maintain the product catalogue and backlog in Azure DevOps or a similar tool; write user stories and acceptance criteria; coordinate UAT, sign-off, and demos.
Act as, or support, Application Owner for assigned applications, maintaining records and documentation.
Coordinate access, control, and resilience reviews and audit requests; work with Technology, Support, and vendors on incidents, defects, and upgrades.
Prepare Product Risk Assessments with Risk, Compliance, and Information Security.
Raise ZIP procurement requests and support vendor due diligence, contracts, and funding approvals; track risks, issues, and decisions to closure.
Document data lineage, definitions, critical data elements, and quality reviews for assigned products.
Partner with Operations, Compliance, and Regulatory Reporting to deliver regulatory change and strengthen controls.
Build relationships across Brokerage, Operations, Technology, Risk, Compliance, Finance, Procurement, and vendors.
Facilitate workshops and governance reviews, provide senior stakeholders with clear updates and recommendations, and maintain documentation and release communications.